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715 23 Rd 48,054 SF Industrial Building Grand Junction, CO 81505 $7,200,000 ($149.83/SF)
Investment Highlights
- Investment Grade Tenant
- Excellent Access to I-70
- Strategic Western Colorado Distribution Hub
- Below Replacement Cost
Executive Summary
Cushman & Wakefield is pleased to exclusively offer the fee simple interest in this institutional-quality, build-to-suit FedEx Ground distribution facility in Grand Junction, Colorado.
FedEx Corporation (NYSE: FDX) is a global leader in transportation and logistics, delivering more than 16 million shipments daily across 220+ countries and territories. With approximately $88 billion in annual revenue, a workforce of over 500,000 employees, and a fleet exceeding 200,000 vehicles, FedEx is one of the world's largest and most recognized logistics companies.
Purpose-built for FedEx Ground, this mission-critical facility serves as a key regional distribution hub for Western Colorado, offering investors the opportunity to acquire a specialized logistics asset leased to one of the world's premier transportation companies.
FedEx Corporation (NYSE: FDX) is a global leader in transportation and logistics, delivering more than 16 million shipments daily across 220+ countries and territories. With approximately $88 billion in annual revenue, a workforce of over 500,000 employees, and a fleet exceeding 200,000 vehicles, FedEx is one of the world's largest and most recognized logistics companies.
Purpose-built for FedEx Ground, this mission-critical facility serves as a key regional distribution hub for Western Colorado, offering investors the opportunity to acquire a specialized logistics asset leased to one of the world's premier transportation companies.
Property Facts
| Price | $7,200,000 | Rentable Building Area | 48,054 SF |
| Price Per SF | $149.83 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2014 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 2.79/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 13.90 AC | ||
| Zoning | I-2 - Industrial | ||
| Price | $7,200,000 |
| Price Per SF | $149.83 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 13.90 AC |
| Rentable Building Area | 48,054 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Tenancy | Single |
| Parking Ratio | 2.79/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | I-2 - Industrial |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Transportation and Warehousing
- -
- -
- -
FedEx began in 1971 as Federal Express Corporation, built around an overnight delivery concept that used air transport to move time-sensitive shipments. The company has since grown into a transportation and logistics business with services spanning express delivery, small-package ground shipping, freight transportation, customs brokerage, ocean and air freight forwarding, and document and print services. FedEx serves customers through a broad portfolio that supports shipping, e-commerce, and business operations across a wide network.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Transportation and Warehousing | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2701-314-22-002 | Improvements Assessment | $1,004,290 |
| Land Assessment | $409,580 | Total Assessment | $1,413,870 |
Property Taxes
Parcel Number
2701-314-22-002
Land Assessment
$409,580
Improvements Assessment
$1,004,290
Total Assessment
$1,413,870
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